VAL Q1 2018 Earnings — Valaris Limited Revenue & Financial Results | Market Cap Arena

VALValaris Limited

$6B

Q1 2018 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$417M-11.5% YoY

Gross Profit

$92M22.0% margin

Operating Income

-$51M-12.3% margin

Net Income

-$140M-33.6% margin

EPS (Diluted)

$-1.29

QoQ Revenue Growth

-8.2%

Cash Flow

Operating Cash Flow

$42M

Free Cash Flow

-$227M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$14.5B

Total Liabilities

$5.9B

Stockholders' Equity

$8.6B

Cash & Equivalents

$465M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$417M	$471M	-11.5%
Gross Profit	$92M	$193M	-52.4%
Operating Income	-$51M	$58M	-188.8%
Net Income	-$140M	-$26M	-445.1%

Revenue Segments

Operating Segments Total Member

$417M50%

Floaters

$259M31%

Jackups Member

$143M17%

Other Segments

$15M2%

Geographic Segments

Other Geographic Areas

$79M21%

ANGOLA

$61M16%

Us Gulf Of Mexico

$54M14%

AUSTRALIA

$52M14%

BRAZIL

$50M14%

SAUDI ARABIA

$43M12%

EGYPT

$31M8%